United States Luxury Car Market Size & Outlook, 2025-2033


United States Luxury Car Market Insights

  • According to Deep Market Insights analysis, the United States Luxury Car Market size was USD 330.48 Billion in 2024 and is projected to reach USD 610.8 Billion by 2033.
  • The United States market is projected to grow at a CAGR of 7.03% between 2025 and 2033.
  • By segment, ICE Luxury emerged as the largest Propulsion in terms of market size in 2024.
  • Hybrid is anticipated to remain the most attractive Propulsion segment, recording the fastest growth during the forecast period.

Other Key Findings


  • United States contributed 24.44% to the global Luxury Car Market size in 2024.
  • By 2033, United States is forecasted to remain the largest global market for Luxury Car Market.
  • In North America, United States is projected to capture the leading share of market size by 2033.
  • Among North America markets, Canada is expected to post the fastest growth, reaching USD 166 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 330.48 Billion
Market Size In 2033 USD 610.8 Billion
Largest segment ICE Luxury
Units Revenue in USD Billion
CAGR 7.03% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Propulsion
  1. ICE Luxury
  2. Hybrid
  3. EV Luxury
Vehicle Type
  1. Sedan
  2. SUV
Price Tier
  1. Mid
  2. Premium
  3. Ultra